Brookhollow Power Point - Marathon Properties Corp

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Phase 1 Stage 1 A
Sub-Division Project
Marathon Equities Corp.
Introduction
Wynn Sturm
Lana Gohring
President & CEO
Administrative Assistant
Jackson Court
60 Apartment Condos (to be built)
Jackson Court: 60 Apartment Condos (to be built)
Brookhollow Manor: 72 Rental Apartments (to be built)
Available:
Clark Place Condos
Clark Place Condos
2 & 3 Bedroom
Configurations
available
Only
$299,900 + GST
Available: Clark Place Condos
Clark Place
Condos
Available
Now!
$299,900
+ GST
Available:
Clark Place Condos
2 Bedroom
2 ½ Bathroom
1,286 sq ft
Includes stainless steel
appliances in kitchen, washer
& dryer, air conditioning, a
single attached garage,
and a fenced in yard.
Only
$299,900 + GST
Available:
Clark Place Condos
3 Bedroom
2 ½ Bathroom
1,286 sq ft
Includes Stainless Steel
appliances in kitchen, washer
& dryer, air conditioning, a
single attached garage,
and a fenced in yard.
Only
$299,900 + GST
Incentives for:
First Time Home Buyers
Buying a home is one of
the largest investments
of your life!
Incentives available for:
First Time Home Buyers
FTHB Tax Credit
from the Gov’t of Canada
For costs associated with purchasing home
Including Land Transfer Taxes, Legal Fees & Disbursements
Gives you $5,000 in non-refundable income tax credits
($750 in Federal Tax Relief)
Incentives available for:
First Time Home Buyers
(HBP) Home Buyers Plan (Gov’t of Canada)
* Allows for you and your spouse to withdraw up to
$25,000 (each) from RRSP savings as a Down Payment
to purchase or build a home.
* No Income Tax Payable on Amount Withdrawn
from RRSP for Down Payment.
Some conditions apply. Please refer to the Government of Canada Website for more information
Incentives available for:
First Time Home Buyers
HeadStart Program (Gov’t of Saskatchewan)
The Province of Saskatchewan will partner up
with your bank and guarantee First Time Home Buyers
with a loan for the 5% Down Payment
This 5% loan can be borrowed from Synergy Credit Union or
your current bank and can be repaid over 5 years.
Incentives available for:
First Time Home Buyers
HeadStart Program (Gov’t of Saskatchewan)
95% Mortgage is available from Synergy Credit Union…
…or other participating Credit Unions such as Affinity,
Conexus, Innovation, Cornerstone, Synergy & Spectra
GST Rebate for:
New Home Purchases
Gov’t of Canada
If purchase is below the maximum price limit of $350,000…
…the GST rebate is 36% of the 5% GSTpaid = 1.8% of GST
Example:
$299,900 purchase price for Townhouse in Clark Place
…so 1.8% x $299,900 = $5,398 GST Rebate
* Purchaser needs to apply for this rebate
Kindersley Property Tax
Exemption Bylaw
The Town of Kindersley approved a
“Property Tax Exemption” for “New Construction”
* Valid until October 31, 2016 (some conditions apply)
Kindersley Property Tax
Exemption Bylaw (continued)
This Property Tax Exemption (where eligible) allows for
buildings to be exempt from the Municipal portion of the
Property Taxes until October 31, 2016
Clark Place
Condos
Available
Now!
$299,900
+ GST
Mortgage Example
Selling Price
Down Payment
$299,900
5%
10 %
15 %
20 %
$14,995
$29,990
$44,985
$59,980
Mortgage Insurance
$10,257
$6,478
$4,588
$0
Total Mortgage Required
$295,162
$276,388
$259,503
$239,920
Amortization Period
25 Years
25 Years
25 Years
25 Years
2.80 %
2.80 %
2.80 %
2.80 %
$1,367
$1,280
$1,202
$1,111
Mortgage Rate
Total Mortgage Payment
Frequency
Monthly
Incentive Recap / Savings:
For First Time Home Buyers
1. FTHB Tax Credit (Gov’t of Canada) $750
2. HBP (Gov’t of Canada) use up to $25,000 of RRSP per person
3. HeadStart Program (Gov’t of SK) – Zero Down Payment
4. GST Rebate (Gov’t of Canada) – 1.8% Rebate of Purchase Price
5. Town of Kindersley – Property Tax Exemption (until Oct 31/16)
Above are possible savings available for Brookhollow Estates purchases…some conditions apply.
Additional Incentive!
Buy a Clark Place Townhouse before October 31, 2015
We will PAY
your gas bill for 1 full year*!
* Some Conditions apply
Procedure for:
Residential Lot Purchases
Build your
DREAM HOME
today!!!
Procedure for:
Residential Lot Purchases
Step 1: Choose your Lot & Builder
There are currently 58 – R1 Lots available
for purchase along Brookhollow Blvd,
Dobni Link & Cooper Way!
Lot Prices Starting at $94,900
Procedure for:
Residential Lot Purchases
Step 2:
Deposit 15% Down on the
Lot & Start Building
* Purchaser has up to 9 months
to pay out Lot balance
Procedure for:
Residential Lot Purchases
Step 3: If Mortgage Security is to be
placed against Title, full
payment for Lot is required.
* Incorporate the Land & Building into 1 Mortgage!
Did you know?
The Purchaser can make arrangements
for payout with 1st Mortgage Draw.
Did you know?
Kindersley’s Home Hardware
offers “FREE” Construction Advice!
They also offer Housing Packages (House-in-a-Box).
Did you know?
We have Home Builders present
today who could give you a turn-key
price on your new home!
Did you know?
We have representatives from Synergy Credit Union
here today. They would be happy to answer all you
questions regarding the financing for your new
home.
Did you know?
We have realtors present
from Royal LePage Wheat
Country Realty.
Feel free to ask their team
about what is currently
available in Brookhollow
Estates.
Did you know?
We have representatives from the Town of Kindersley
here today, should you have any questions for them.
Did you know?
You can purchase a spec home currently under
construction by Excelsior Quality Builders…
The “Siena”
Address:
Block 5 Lot 6
12 Cooper Way
Kindersley, SK
The “Siena”
(Bungalow)
Area: 1,601 Sq Ft
Bedrooms: 2
Baths: 2 (5 pc & 3 pc)
The “Siena”
Address:
Block 5 Lot 6
12 Cooper Way
Kindersley, SK
Features for The “Siena”
* 1,601 Sq ft Bungalow + 480 Sq ft Attached Garage with
unfinished basement
* Maple Hardwood Flooring & Ceramic Tile
* Granite Countertops
* Stucco & Stone Exterior
* Stainless Steel Kitchen Appliances
* Front Loading Washer & Dryer
* Gas Fireplace
* Air Conditioning
* Upgraded Cabinets + 3 ¼” Colonial Trim
Marathon Equities would like to
thank the representatives from
the Town of Kindersley, Synergy
Credit Union & Royal LePage
Wheat Country Realty team for
organizing this event.
Questions?
Thank you to everyone for taking the
time to come out today.
Any Questions?